Inland Bank & Trust Mortgage Rates, Fees & Info

Oak Brook, IL

LEI: 549300BU5TSYOCF3Y655

Tax ID: 36-2895618

4.8 stars - out of 5 stars, based on 57 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Inland Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Inland Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Chicago, New York, Springfield, Boston, and Worcester among others. Inland Bank & Trust has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Inland Bank & Trust is typically an average fee lendor.


Originations

3,262

Origination Dollar Volume (All Markets)

$893,360,000

Employee count

309

Awards

INLAND BANK & TRUST 30 Year Conventional Loans bronze INLAND BANK & TRUST 30 Year Conventional Loans bronze
Show all (2) awards

Relative Rate

Inland Bank & Trust's average 30 year fixed rate mortgage of loans were 3.11%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.04%.

Relative Fees

Inland Bank & Trust's average total fees for a 30 year fixed rate mortgage are $5,029.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,616 $442,920,000 $274,084 $3,751 2.93%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 203 $84,515,000 $416,330 $7,655 2.95%
SPRINGFIELD, MA (FHA|USDA|VA) 261 $43,035,000 $164,885 $5,871 3.02%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 98 $41,490,000 $423,367 $4,581 2.96%
WORCESTER, MA-CT (FHA|USDA|VA) 99 $27,355,000 $276,313 $4,200 3.09%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 54 $21,760,000 $402,963 $4,598 3.02%
Whitewater, WI (FHA|USDA|VA) 61 $18,355,000 $300,902 $3,257 3.26%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 67 $18,285,000 $272,910 $5,100 3.18%
PEORIA, IL (FHA|USDA|VA) 131 $11,225,000 $85,687 $3,080 2.34%
Outside of Metro Areas 51 $9,175,000 $179,902 $3,672 3.04%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 18 $9,040,000 $502,222 $5,482 3.14%
WICHITA, KS (FHA|USDA|VA) 52 $8,570,000 $164,808 $3,151 3.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 44 $7,620,000 $173,182 $5,602 3.07%
NILES, MI (FHA|USDA|VA) 5 $6,095,000 $1,219,000 $6,935 3.25%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 16 $5,870,000 $366,875 $3,334 3.36%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 11 $5,345,000 $485,909 $4,804 3.35%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 10 $5,310,000 $531,000 $6,220 3.14%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 14 $5,170,000 $369,286 $7,695 3.34%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 12 $4,880,000 $406,667 $4,890 3.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $3,655,000 $281,154 $4,146 3.18%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 10 $3,530,000 $353,000 $5,784 2.90%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $3,395,000 $377,222 $3,914 2.68%
ROCKFORD, IL (FHA|USDA|VA) 20 $3,240,000 $162,000 $3,942 3.10%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 8 $3,220,000 $402,500 $10,043 3.09%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 10 $3,070,000 $307,000 $3,885 3.01%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $3,060,000 $255,000 $4,144 3.28%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $3,060,000 $765,000 $9,250 2.91%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $2,890,000 $722,500 $3,276 3.13%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 8 $2,740,000 $342,500 $2,993 3.02%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $2,595,000 $370,714 $3,473 3.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $2,405,000 $343,571 $4,903 2.98%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,355,000 $471,000 $2,993 2.65%
MADISON, WI (FHA|USDA|VA) 11 $2,175,000 $197,727 $4,171 2.83%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 8 $2,170,000 $271,250 $3,654 3.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $2,120,000 $353,333 $3,647 2.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $2,095,000 $299,286 $6,046 3.41%
KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $2,020,000 $336,667 $3,648 3.08%
Rochelle, IL (FHA|USDA|VA) 10 $2,010,000 $201,000 $3,620 2.96%
Baraboo, WI (FHA|USDA|VA) 10 $1,980,000 $198,000 $4,569 3.06%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $1,930,000 $321,667 $4,904 3.02%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $1,830,000 $305,000 $6,339 3.15%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $1,730,000 $288,333 $4,051 3.08%
RALEIGH-CARY, NC (FHA|USDA|VA) 5 $1,595,000 $319,000 $4,842 2.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,540,000 $385,000 $2,535 4.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $1,515,000 $216,429 $5,590 3.39%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,425,000 $203,571 $5,306 3.39%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $3,939 2.81%
Vineyard Haven, MA (FHA|USDA|VA) 1 $1,245,000 $1,245,000 $4,612 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,240,000 $310,000 $3,399 3.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,366 2.88%
Hailey, ID (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,778 2.88%
Ottawa, IL (FHA|USDA|VA) 14 $1,000,000 $71,429 $2,532 1.84%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $965,000 $965,000 $5,925 2.88%
Ogdensburg-Massena, NY (FHA|USDA|VA) 7 $955,000 $136,429 $5,486 3.68%
Edwards, CO (FHA|USDA|VA) 2 $950,000 $475,000 $2,762 2.94%
KINGSTON, NY (FHA|USDA|VA) 2 $920,000 $460,000 $11,137 3.19%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 4 $900,000 $225,000 $2,701 3.13%
Steamboat Springs, CO (FHA|USDA|VA) 2 $870,000 $435,000 $3,296 3.31%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $850,000 $212,500 $6,804 3.19%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $845,000 $281,667 $4,160 3.00%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $845,000 $281,667 $6,525 3.58%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $825,000 $275,000 $3,027 3.08%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $775,000 $258,333 $1,751 3.75%
Kalispell, MT (FHA|USDA|VA) 2 $750,000 $375,000 $3,325 3.25%
Plattsburgh, NY (FHA|USDA|VA) 5 $745,000 $149,000 $5,245 3.50%
Kapaa, HI (FHA|USDA|VA) 1 $735,000 $735,000 $5,236 3.13%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 3 $725,000 $241,667 $2,395 3.08%
BLOOMINGTON, IL (FHA|USDA|VA) 6 $720,000 $120,000 $2,671 2.56%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $715,000 $715,000 $3,846 2.75%
Lebanon, NH-VT (FHA|USDA|VA) 3 $695,000 $231,667 $3,767 3.29%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $690,000 $172,500 $6,431 2.91%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $690,000 $345,000 $4,010 3.06%
Clinton, IA (FHA|USDA|VA) 3 $675,000 $225,000 $3,601 2.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $665,000 $665,000 $4,574 3.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $655,000 $131,000 $6,197 2.18%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $640,000 $320,000 $2,111 2.88%
SPRINGFIELD, IL (FHA|USDA|VA) 6 $620,000 $103,333 $4,214 2.10%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $600,000 $300,000 $4,200 2.88%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $600,000 $300,000 $6,608 3.06%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $600,000 $300,000 $2,867 2.81%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $595,000 $198,333 $4,237 4.88%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $595,000 $198,333 $5,189 3.21%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $580,000 $145,000 $3,676 3.00%
Keene, NH (FHA|USDA|VA) 3 $575,000 $191,667 $4,160 2.96%
Durango, CO (FHA|USDA|VA) 1 $545,000 $545,000 $4,428 2.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $545,000 $545,000 $4,281 3.50%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $545,000 $545,000 $2,720 3.25%
SYRACUSE, NY (FHA|USDA|VA) 2 $540,000 $270,000 $13,989 2.50%
GREENVILLE, NC (FHA|USDA|VA) 1 $535,000 $535,000 $9,669 2.63%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $515,000 $171,667 $2,582 3.08%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $495,000 $495,000 $4,108 3.50%
Heber, UT (FHA|USDA|VA) 1 $415,000 $415,000 $3,856 3.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $410,000 $205,000 $3,308 2.88%
Hutchinson, KS (FHA|USDA|VA) 4 $410,000 $102,500 $2,801 3.25%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $3,252 2.38%
PITTSFIELD, MA (FHA|USDA|VA) 2 $400,000 $200,000 $3,212 3.50%
FARGO, ND-MN (FHA|USDA|VA) 1 $395,000 $395,000 $3,338 2.13%
EL CENTRO, CA (FHA|USDA|VA) 2 $390,000 $195,000 $4,575 2.44%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $390,000 $195,000 $2,976 3.31%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $385,000 $385,000 $2,497 2.88%
PITTSBURGH, PA (FHA|USDA|VA) 2 $380,000 $190,000 $5,035 2.94%
Platteville, WI (FHA|USDA|VA) 3 $365,000 $121,667 $5,134 2.71%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $355,000 $355,000 $3,376 2.88%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $355,000 $355,000 $5,273 3.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $345,000 $345,000 $3,393 3.13%
Klamath Falls, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,476 3.38%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $325,000 $325,000 $3,629 2.75%
RACINE, WI (FHA|USDA|VA) 1 $325,000 $325,000 $8,240 3.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $325,000 $325,000 $5,405 3.13%
Dixon, IL (FHA|USDA|VA) 3 $325,000 $108,333 $3,749 2.25%
TOLEDO, OH (FHA|USDA|VA) 1 $315,000 $315,000 $4,878 2.88%
Concord, NH (FHA|USDA|VA) 1 $315,000 $315,000 $4,304 3.50%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $310,000 $155,000 $7,238 4.44%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $305,000 $305,000 $9,522 3.13%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $305,000 $305,000 $3,772 3.25%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $305,000 $305,000 $3,582 3.38%
Kearney, NE (FHA|USDA|VA) 1 $295,000 $295,000 $2,619 3.38%
Newberry, SC (FHA|USDA|VA) 1 $285,000 $285,000 $6,693 3.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,270 2.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $285,000 $285,000 $3,889 2.88%
Laconia, NH (FHA|USDA|VA) 1 $275,000 $275,000 $5,319 2.75%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $265,000 $265,000 $3,616 2.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $265,000 $265,000 $5,642 2.13%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $265,000 $265,000 $9,864 3.38%
Montrose, CO (FHA|USDA|VA) 1 $255,000 $255,000 $2,227 2.75%
Rutland, VT (FHA|USDA|VA) 1 $235,000 $235,000 $3,260 2.88%
APPLETON, WI (FHA|USDA|VA) 1 $235,000 $235,000 $2,542 2.88%
RICHMOND, VA (FHA|USDA|VA) 1 $225,000 $225,000 $7,678 3.63%
Traverse City, MI (FHA|USDA|VA) 1 $225,000 $225,000 $4,034 3.00%
MONROE, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,772 2.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $215,000 $215,000 $2,630 2.75%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $215,000 $215,000 $2,462 3.25%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $195,000 $195,000 $5,647 3.00%
LINCOLN, NE (FHA|USDA|VA) 1 $195,000 $195,000 $3,037 3.50%
READING, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,229 3.63%
Stevens Point, WI (FHA|USDA|VA) 1 $195,000 $195,000 $2,152 3.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.63%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $185,000 $185,000 $3,349 3.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $175,000 $175,000 $4,967 3.25%
Pontiac, IL (FHA|USDA|VA) 1 $175,000 $175,000 $5,486 3.25%
Kendallville, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,243 3.25%
Seneca, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,288 2.50%
Winfield, KS (FHA|USDA|VA) 1 $155,000 $155,000 $2,107 3.38%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $155,000 $155,000 $5,605 3.25%
SALEM, OR (FHA|USDA|VA) 1 $155,000 $155,000 $2,881 3.38%
Macomb, IL (FHA|USDA|VA) 2 $150,000 $75,000 $2,776 3.69%
Sulphur Springs, TX (FHA|USDA|VA) 1 $145,000 $145,000 $1,319 3.00%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,356 3.00%
DUBUQUE, IA (FHA|USDA|VA) 1 $145,000 $145,000 $4,731 2.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $145,000 $145,000 $2,594 2.75%
Warsaw, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,813 2.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $1,922 2.50%
Galesburg, IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,530 3.50%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $135,000 $135,000 $4,695 3.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,335 3.13%
Dayton, TN (FHA|USDA|VA) 1 $135,000 $135,000 $3,123 3.13%
MUSKEGON, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,856 3.25%
Plymouth, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,424 3.13%
Decatur, IN (FHA|USDA|VA) 1 $125,000 $125,000 $2,391 3.50%
ANN ARBOR, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,016 2.50%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $120,000 $60,000 $2,995 1.56%
Taylorville, IL (FHA|USDA|VA) 1 $105,000 $105,000 $2,954 2.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $105,000 $105,000 $2,877 3.13%
PINE BLUFF, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,667 2.75%
DECATUR, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,755 3.25%
Richmond, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,786 3.25%
Lewistown, PA (FHA|USDA|VA) 1 $35,000 $35,000 $2,861 3.38%

Inland Bank & Trust's top markets include Chicago, New York, Springfield, Boston, and Worcester among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,806 $783,970,000 $279,391 $3,614 2.92%
FHA 366 $85,420,000 $233,388 $9,412 3.26%
VA 64 $19,250,000 $300,781 $6,546 2.90%
USDA 26 $4,720,000 $181,538 $5,654 2.94%

For the 2021 period, Inland Bank & Trust's most frequently originated loan type of loans were Conventional, with 2,806 originations. Their 2nd most popular type is FHA, with 366 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,774 $463,240,000 $261,127 $5,230 2.92%
Refi 1,018 $296,330,000 $291,090 $2,892 2.88%
Cash Out Refi 427 $124,695,000 $292,026 $4,382 3.19%
Other 30 $7,550,000 $251,667 $2,781 3.67%
Home Improvement 13 $1,545,000 $118,846 $1,729 4.24%

For the 2021, Inland Bank & Trust's most frequently cited loan purpose of loans were Home Purchase, with 1,774 originations. The 2nd most popular reason of loans were Refi, with 1,018 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,476 $731,140,000 $295,291 $5,029 3.11%
15 Year 397 $91,665,000 $230,894 $2,862 2.52%
20 Year 139 $38,035,000 $273,633 $3,074 2.87%
10 Year 129 $12,265,000 $95,078 $995 3.35%
5 Year 92 $2,590,000 $28,152 $0 0.13%
Other 28 $9,940,000 $355,000 $3,191 3.27%
3 Year 1 $7,725,000 $7,725,000 $0 3.75%

For the 2021, Inland Bank & Trust's most frequently cited loan length of loans were 30 Year, with 2,476 originations. The 2nd most popular length of loans were 15 Year, with 397 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,061 $590,605,000 $286,562
$<1k 329 $21,405,000 $65,061
$2k-3k 271 $93,575,000 $345,295
$3k-4k 251 $72,235,000 $287,789
$5k+ 133 $51,565,000 $387,707

$5,029 of loans were Inland Bank & Trust's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,061 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,468 $427,670,000 $291,328
2.5-3% 1,157 $363,355,000 $314,049
<2.5% 519 $87,525,000 $168,642
4-5% 66 $13,060,000 $197,879
5-6% 46 $1,720,000 $37,391
7-8% 6 $30,000 $5,000

During 2021, Inland Bank & Trust's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 3-4%, with 1,468 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,388 $390,420,000 $281,282 $4,974 3.08%
$100k-200k 870 $134,310,000 $154,379 $3,903 3.12%
$100,000 or less 425 $15,865,000 $37,329 $1,299 2.08%
$400k-600k 414 $201,770,000 $487,367 $5,457 3.04%
$600k-1MM 136 $99,710,000 $733,162 $6,250 3.06%
$1MM+ 29 $51,285,000 $1,768,448 $7,612 3.15%

2021 saw Inland Bank & Trust place emphasis on $200k-400k loans with 1,388 originations, totaling $390,420,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 754 $131,400,000 $174,271 $4,426 2.86%
$100k-150k 683 $210,125,000 $307,650 $4,621 3.07%
$75k-100k 558 $130,240,000 $233,405 $4,334 2.97%
$150k-250k 527 $200,265,000 $380,009 $4,383 3.03%
$50k or less 453 $54,675,000 $120,695 $3,949 2.77%
$250k+ 254 $147,790,000 $581,850 $4,317 3.07%

Inland Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 754 originations. The second most popular income band? $100k-150k, with 683 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 614 $176,240,000 $287,036 $3,711 2.94%
30-36% 613 $170,155,000 $277,577 $4,193 2.98%
<20% 209 $59,765,000 $285,957 $3,276 2.97%
44% 167 $41,015,000 $245,599 $4,330 2.95%
42% 156 $42,080,000 $269,744 $4,546 2.98%
40% 153 $41,665,000 $272,320 $4,383 3.02%
41% 144 $39,790,000 $276,319 $4,375 2.99%
39% 136 $38,500,000 $283,088 $4,803 3.07%
37% 133 $32,175,000 $241,917 $4,183 2.78%
43% 133 $36,025,000 $270,865 $4,934 2.94%
38% 122 $30,460,000 $249,672 $4,271 2.93%
36% 118 $35,600,000 $301,695 $4,365 2.88%
49% 110 $25,210,000 $229,182 $5,226 3.01%
47% 105 $26,925,000 $256,429 $5,350 2.98%
45% 86 $22,150,000 $257,558 $4,840 3.22%
48% 81 $20,305,000 $250,679 $5,878 2.75%
46% 79 $19,865,000 $251,456 $4,838 3.23%
50-60% 69 $15,995,000 $231,812 $7,620 2.49%
>60% 2 $720,000 $360,000 $3,162 1.13%

Inland Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 614 originations. The next most common DTI ratio? 30-36%, with 613 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,612 $698,330,000 $267,355 $4,186 2.97%
Not provided 258 $76,800,000 $297,674 $5,015 2.89%
Asian 146 $53,510,000 $366,507 $4,924 2.95%
Black 226 $47,730,000 $211,195 $5,217 2.84%
Not applicable 9 $13,765,000 $1,529,444 $0 3.87%
American Indian 8 $2,220,000 $277,500 $4,001 3.03%
Asian Indian 2 $870,000 $435,000 $1,878 2.94%
Filipino 1 $135,000 $135,000 $2,963 2.75%

Approval Rates

Total approvals of all applications
92.99%

Inland Bank & Trust has an average approval rate.

Pick Rate

Approvals leading to origination
86.30%

Inland Bank & Trust has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 3,262 $893,360,000 $273,869

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,262 $893,360,000 $273,869

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 119 $27,025,000 $227,101 $3,271 2.83%
40-60% 403 $122,015,000 $302,767 $3,539 2.86%
60-80% 1,152 $378,720,000 $328,750 $3,785 3.09%
80-100% 1,309 $357,085,000 $272,792 $5,962 3.19%
Over 100% 10 $3,690,000 $369,000 $13,594 2.96%
Under 20% 269 $4,825,000 $17,937 $170 1.46%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Inland Bank & Trust 10 Landover Parkway Hawthorn Woods, IL 60047 Full Service B&M $81,450
Inland Bank & Trust 305 West Saint Charles Road Villa Park, IL 60181 Full Service B&M $81,724
Inland Bank & Trust 337 West Dundee Road Wheeling, IL 60090 Full Service B&M $21,938
Inland Bank & Trust 520 Crescent Boulevard Glen Ellyn, IL 60137 Full Service B&M $45,286
Inland Bank & Trust 539 Spring Road Elmhurst, IL 60126 Full Service B&M $23,665
Inland Bank & Trust 5465 South La Grange Road Countryside, IL 60525 Full Service B&M $106,810
Inland Bank & Trust 6111 West Dempster Avenue Morton Grove, IL 60053 Full Service B&M $124,903
Inland Bank & Trust 837 South Westmore Avenue Lombard, IL 60148 Full Service B&M $54,278
Inland Bank & Trust 1000 W Washington Blvd Chicago, IL 60607 Full Service B&M $22,918
Inland Bank & Trust 1100 South Rand Road Lake Zurich, IL 60047 Full Service B&M $240,756
Inland Bank & Trust 1900 West State Street Geneva, IL 60134 Full Service B&M $84,535
Inland Bank & Trust 2225 South Wolf Road Hillside, IL 60162 Full Service B&M $188,650
Inland Bank & Trust 2805 Butterfield Rd Oak Brook, IL 60523 Full Service Cyber Office $24,863
Inland Bank & Trust 2805 Butterfield Road Oak Brook, IL 60523 Full Service B&M $0

For 2021, Inland Bank & Trust had 14 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $40,400
Net interest income $37,401
Total noninterest income $36,739
Gross Fiduciary activities income $0
Service charges on deposit accounts $466
Trading account gains and fees $0
Additional Noninterest Income $36,273
Pre-tax net operating income $20,616
Securities gains (or losses, -) $0
Income before extraordinary items $15,154
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $15,154
Minority interest net income $0
Net income $15,154
Sale, conversion, retirement of capital stock, net $0
Net operating income $15,154

Inland Bank & Trust's gross interest income from loans was $40,400,000.
Inland Bank & Trust's net interest income from loans was $37,401,000.
Inland Bank & Trust's fee based income from loans was $466,000.
Inland Bank & Trust's net income from loans was $15,154,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $2,999
Provision for credit losses $1,200
Total noninterest expense $52,324
Salaries and employee benefits $37,374
Premises and equipment expense $3,676
Additional noninterest expense $11,274
Applicable income taxes $5,462
Net charge-offs $3,636
Cash dividends $0

Inland Bank & Trust's interest expense for loans was $2,999,000.
Inland Bank & Trust's payroll and benefits expense were $37,374,000.
Inland Bank & Trust's property, plant and equipment expenses $3,676,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 2.0%
All other family 0.0%
Commercial & industrial loans 7.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $1,095,725
Deposits held in domestic offices $1,095,725
Deposits by Individuals, partnerships, and corporations $1,028,524
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $65,201
Deposits by Commercial banks and other depository institutions in U.S. $2,000
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $356,711
Demand deposits $270,433
Nontransaction accounts $739,014
Money market deposit accounts (MMDAs) $450,358
Other savings deposits (excluding MMDAs) $59,341
Total time deposits $229,315
Total time and savings deposits $825,292
Noninterest-bearing deposits $270,433
Interest-bearing deposits $825,292
Retail deposits $1,057,276
IRAs and Keogh plan accounts $31,850
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $1,281,203
Cash & Balances due from depository institutions $156,737
Interest-bearing balances $151,777
Total securities $258,434
Federal funds sold & reverse repurchase $6
Net loans and leases $830,412
Loan and leases loss allowance $10,861
Trading account assets $0
Bank premises and fixed assets $11,305
Other real estate owned $0
Goodwill and other intangibles $0
All other assets $24,309

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $1,281,203
Total Liabilities $1,107,664
Total deposits $1,095,725
Interest-bearing deposits $825,292
Deposits held in domestic offices $1,095,725
% insured (estimated) $72
Federal funds purchased and repurchase agreements $490
Trading liabilities $0
Other borrowed funds $5,000
Subordinated debt $0
All other liabilities $6,449

Issued Loan Types

Type Value (in 000's)
Net loans and leases $830,412
Loan and leases loss allowance $10,861
Total loans and leases (domestic) $841,273
All real estate loans $678,290
Real estate loans in domestic offices $678,290
Construction and development loans $80,225
Residential 1-4 family construction $9,507
Other construction, all land development and other land $70,718
Loans secured by nonfarm nonresidential properties $381,711
Nonfarm nonresidential secured by owner-occupied properties $94,973
Commercial real estate & other non-farm, non-residential $286,738
Multifamily residential real estate $94,921
1-4 family residential loans $121,433
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $108,298
To non-U.S. addressees $0
Loans to individuals $668
Credit card loans $0
Related Plans $28
Consumer Auto Loans $126
Other loans to individuals $514
All other loans & leases $54,017
Loans to foreign governments and official institutions $0
Other loans $54,017
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $8,489
Non 1-4 family restructured loans & leases $7,372
Total loans and leases (foreign) $0

INLAND BANK & TRUST had $830,412,000 of loans outstanding in 2021. $678,290,000 of loans were in real estate loans. $80,225,000 of loans were in development loans. $94,921,000 of loans were in multifamily mortgage loans. $121,433,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $126,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 189 $59,197 $313,212
Nonfarm, nonresidential loans - <$100k 16 $896 $56,000
Nonfarm, nonresidential loans - $100-250k 57 $7,429 $130,333
Nonfarm, nonresidential loans - $250k-1MM 116 $50,872 $438,552
Commercial & Industrial, US addressed loans - <$1MM 320 $44,414 $138,794
Commercial & Industrial, US addressed loans - <$100k 192 $5,702 $29,698
Commercial & Industrial, US addressed loans - $100-250k 57 $6,896 $120,982
Commercial & Industrial, US addressed loans - $250k-1MM 71 $31,816 $448,113